Weather Sita abandons Nepal
FROM
ISSUE #241 (01 APRIL 2005 - 07 APRIL 2005)
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India's leading tour operator Sita Inbound has shelved plans to acquire a travel management firm in Nepal and is now focussing on Sri Lanka and the Middle East for finalising takeover targets, according to media reports. Sita has initiated talks with two firms, one in India and another in Sri Lanka, as part of its growth strategy.
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